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New Deal


Announced

Completed

Apex Group completed the acquisition of MMC Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Asset Managers and Custodians

Cross Border

administration services

Acquisition

Majority

New Zealand

Completed

Private

Single Bidder

Friendly

Synopsis

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Apex Group, a provider of asset management platform, completed the acquisition of MMC Group, a provider of investment administration services. Financial terms were not disclosed. “Being part of the Apex Group will create new opportunities for our clients and people. Our primary focus on setting clients free to accelerate their success will continue and be further enhanced by the Group’s global footprint, resources, access to new technology and services, which the entire investment sector in New Zealand will benefit from," Vedran Babic, MMC CEO.

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